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Take-up of Manchester City Centre office space could top 1M SF: Hear more 8 November |
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For more than 20 years Sir Richard Leese has been the leader of Labour-controlled Manchester City Council, winning praise for political stability and his property-friendly policies. Now Sir Richard has admitted for the first time that his term of office may come to an end as internal rows in the 94-strong group of Labour councillors escalate. If Sir Richard follows former chief executive Sir Howard Bernstein into retirement, who will succeed him and what will it mean for real estate? Bisnow marks your card. 
For two decades the political leadership and direction of Manchester City Council has been regarded by the property industry as an eternal and unchanging fact of life. Sir Richard Leese, leader of the ruling Labour Group since 1996, worked with…
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Make A Date: May 2019 In Manchester Means The Birth Of A New U.K. Co-Living Sector
Construction work on the U.K.'s first purpose-built co-living scheme will begin in Manchester in May. The development by IQ Student Accommodation at Echo Street, Granby Row, part of the North Campus district close to both Piccadilly station and the main…
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How Serious Is South Manchester's Grade A Office Famine?
Developers are stepping up supply in the south Manchester office development pipeline. Third quarter take-up figures for Manchester's southern business parks, due to be published later this month, will show a relatively thin performance over the summer as the supply…
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Parrots, Doornails And The Northern Powerhouse: All Dead?
Thanks to Monty Python, parrots joined doornails on the very short list of things it is possible to be as dead as. Should the Northern Powerhouse be added to this select list? Former Northern Powerhouse Minister (2015-16) James Wharton spent…
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Britain's Lehman Moment: How HBOS And RBS Lost £45B On Commercial Real Estate
In the years following the financial crisis, Lloyds reported losses of £30B from commercial property, mostly resulting from loans made to HBOS, according to reports from the Financial Services Authority and the bank itself. For RBS the equivalent figure was…
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